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(Image from article: "Senate panel approves Wall Street reform bill")

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Goldman Sachs misled clients, lawmakers on CDOs, Senate panel says

Goldman Sachs designed, marketed and sold collateralized debt obligations that misled investors and created conflicts of interest as the company built short positions before the U.S. housing market collapsed, a Senate panel said in its report on the financial crisis.

Senate panel approves Wall Street reform bill

A Senate committee on Wednesday passed a proposal aimed at helping protect the economy from future meltdowns and taxpayers from more Wall Street bailouts.

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